Lumentum is experiencing a surge in demand driven by high-speed optical networking's critical role in AI data centers, facing supply shortages for some products through next year. This demand-supply gap supports higher profit margins through fiscal 2028. Management aims for $40 adjusted earnings per share by 2028, and strong order flow suggests the stock could be undervalued if execution succeeds. While near-term gains may be limited until 2027 financial results confirm growth, the outlook for a significant breakout looks promising.
Lumentum's stock price on Pluang reached USD 1,112.99 as of Oct 10, 2026, showing a strong 6.14% increase in one day. The company holds a substantial market cap of $94.99 billion, reflecting significant investor interest. Order activity on Pluang is slightly tilted towards buying at 54%, indicating cautious optimism among traders.
Lumentum Holdings reported that strong demand from AI data centers has fully booked its production capacity through early 2029, causing supply shortages. The company expects to miss about 70% of demand for certain optical and laser components next ye...
Optical component makers like Lumentum, Applied Optoelectronics, and Coherent saw their stocks rise sharply after Lumentum announced its optical capacity is sold out through early 2029 due to high AI data center demand. This strong demand reverses re...
Optical component stocks like Applied Optoelectronics, Coherent, and Lumentum are dropping between 4% and 9% after a year of strong gains driven by demand from AI data centers. The selloff reflects profit taking, especially in stocks that surged the ...
Lumentum, a maker of optical and photonic products, reported a record $1.01 billion revenue in Q4 fiscal 2026, up 109% year-over-year, with non-GAAP net income rising 267% to $326.3 million. The company also provided strong guidance for Q1 2027, expe...
